Looking at the Projections for Meritor, Inc. (NYSE:MTOR)

Taking a look at shares of Meritor, Inc. (NYSE:MTOR), we can see that the average consensus target price based on contributing analysts is currently $25.13. Sell-side analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Many investors will keep a close eye on target prices, especially when analysts provide fresh updates. A well-researched analyst report will typically offer a solid, detailed case for why the analyst believes that the stock will eventually hit the target. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.

Every individual investor strives to make the best possible stock investment decisions. New investors may have a limited knowledge of how the stock market functions. Studying the basics and accumulating as much knowledge as possible can help the investor create a cornerstone for future success. Everybody has to start somewhere, but continually adding to the market education pool might help the investor see something that they might not have noticed before. Taking a view of the stock market from various angles can help build a more robust databank from which to work from. Because market environments are always shifting, investors may need to do a little extra homework in order to stay ahead of the curve.

As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 0.85 for shares of Meritor, Inc. (NYSE:MTOR). The number consists of estimates provided by 4 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 0.82. The consensus estimate for last quarter before the earnings report was 0.6. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 0.94. This consensus estimate includes 4 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 2.96. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 3.2.

Traders using technical analysis typically believe that all the needed information to trade a specific stock can be spotted in the charts. These traders are generally taking a shorter-term view when studying the market. Technical analysts are usually striving to spot the directional trend of a stock. Trends may be noted as upward, downward, or sideways. Many technicians will rely heavily on support and resistance levels in order to make informed decisions when buying and selling equities. These traders are also closely watching volume levels to help gauge activity. Traders are constantly searching for patterns in the charts. There are many different identifiable patterns that traders can look for. Some of these include head and shoulders, triangles, and double tops/bottoms.

Checking in on stock price activity for Meritor, Inc. (NYSE:MTOR), we have recently seen shares trading near the $18.71 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $29.53, and the 52-week low is presently $15.62. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of 6.31%. Going back to the start of the calendar year, we can see that shares have moved 10.65%. Pulling the focus closer to the past 4 weeks, shares have seen a change of 9.99%. Over the past 5 trading days, the stock has moved -2.55%.

Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of Meritor, Inc. (NYSE:MTOR) is presently 2.11. Out of the covering analysts polled by Zacks Research, 4 have put a Strong Buy or Buy rating on the stock.

Investing in the stock market comes with inherent risk. Some stocks are much riskier than others, but there will always be some level of risk no matter which stocks are chosen. Individual investors managing their own portfolios are constantly on the lookout for investing tips or some kind of information that may confirm their gut feeling about a certain stock. Investors may want to be wary when listening to stock investment advice from friends, family members, or even trusted colleagues. People are usually quick to tell others about the winning stocks that they have picked in the past, but they may not be very forthcoming about discussing those portfolio clunkers. After hearing about the next big stock, investors can always do the research and check the prospect out for themselves.